"real estate"

Property giants Raimon Land, Nava Nakorn and Ratch Group have joined forces to explore the fast-growing market of sustainable data centres.

Chinese bought the most condominiums among foreigners in the first quarter of 2022, the Real Estate Information Centre (REIC) reported.

Nine real-estate developers in Thailand are negotiating the purchase of land in Bangkokverse in a bid to boost their presence in the metaverse.

The Forestias recently reported sales of residences under the various brands at The Forestias to have exceeded 17.20 billion baht or about 40 per cent of the available residences.

KBank Private Banking (KPB) has highlighted three major trends in the real estate market for the the “new normal” era. KPB says the government’s policy not to extend the land and building tax cut in 2022 will likely prompt high net worth individuals to convert their land holdings into collateral and investment funds to chase higher returns. KPB has targeted a new Land Loan for Investment of up to Bt10-15 billion this year.

AP (Thailand) tops the list of Thailand’s 10 top real estate developers with the highest investments in new residential projects this year.

A leading property consultancy forecasts a surge in Bangkok condominium supply this year as the Covid-19 situation improves.

The company also aims to drive sales of move-in-ready projects worth more than 2.7 billion baht.

The project, located next to Thonglor BTS station, has only 20 available units, which are priced at an average of 140 million baht per unit.

Noble Development Plc aims to launch 18 projects worth a total 47.7 billion baht in 2022, chairman of the executive committee and co-chief executive officer Thongchai Busrapan said in an online press conference.

Thailand’s real estate market is now bustling as investors are using cryptocurrency to buy tangible property such as land, luxury homes and cars in a bid to cope with volatility.

Nearly 60 per cent of condominium units sold in the first nine months of 2021 were bought by Chinese nationals, Wichai Wirattaphan, acting director of the Real Estate Information Centre, said recently.